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(GLMD) Galmed Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Galmed Pharmaceuticals | (GLMD) share price targets

Complete technical analysis of Galmed Pharmaceuticals (GLMD) by charts plus indicators, forecast predictions and share price targets for Galmed Pharmaceuticals (GLMD)

Galmed Pharmaceuticals trades in USA in Health Care sector.

Showing technical analysis as on 2024-08-22 View latest technical analysis

10 day averaged volume of Galmed Pharmaceuticals is 1771389

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	0.34	0.38	0.41	0.33	0.737 times
21 Wed Aug 2024	0.43	0.36	0.44	0.30	9.896 times
20 Tue Aug 2024	0.30	0.30	0.31	0.29	0.016 times
19 Mon Aug 2024	0.30	0.31	0.31	0.28	0.023 times
16 Fri Aug 2024	0.28	0.28	0.29	0.27	0.007 times
15 Thu Aug 2024	0.29	0.30	0.30	0.28	0.006 times
14 Wed Aug 2024	0.29	0.28	0.29	0.28	0.003 times
13 Tue Aug 2024	0.29	0.30	0.30	0.28	0.01 times
12 Mon Aug 2024	0.30	0.30	0.30	0.28	0.016 times
09 Fri Aug 2024	0.29	0.29	0.29	0.28	0.013 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.3, but if it comes below 0.3, then a intra day sell could be more profitable.
If you take a sell trade below 0.3, then use 0.3 as stoploss and 0.3 as target. However if you take a buy trade in stock , then use 0.3 as stoploss and 0.4 as target.

Share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Target	0.26
Downside Target	0.27
Downside Target	0.28
Downside Target	0.29
Downside Target	0.30
Downside Target	0.32
Downside Target	0.34
Upside Target	0.40
Upside Target	0.44

Intraday share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Intraday Target	0.27
Downside Intraday Target	0.19
Upside Intraday Target	0.43
Upside Intraday Target	0.51
Upside Intraday Target	0.35

Weekly technical analysis of Galmed Pharmaceuticals (GLMD)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	0.34	0.31	0.44	0.28	256.802 times
16 Fri Aug 2024	0.28	0.30	0.30	0.27	0.678 times
09 Fri Aug 2024	0.29	0.31	0.32	0.28	0.779 times
02 Fri Aug 2024	0.30	0.31	0.32	0.29	0.552 times
26 Fri Jul 2024	0.31	0.30	0.34	0.27	1.08 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Galmed Pharmaceuticals (GLMD)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	0.34	0.31	0.44	0.27	18.457 times
31 Wed Jul 2024	0.31	0.29	0.34	0.27	0.722 times
28 Fri Jun 2024	0.28	0.38	0.40	0.26	1.164 times
31 Fri May 2024	0.37	0.35	0.44	0.34	0.233 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Galmed Pharmaceuticals (GLMD)

Price action analysis of Galmed Pharmaceuticals ( (GLMD) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Galmed Pharmaceuticals ( (GLMD) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Galmed Pharmaceuticals ( (GLMD) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Galmed Pharmaceuticals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Galmed Pharmaceuticals in short term but the buy signal is initial and weak.

Galmed Pharmaceuticals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Galmed Pharmaceuticals in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Galmed Pharmaceuticals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.42 and Galmed Pharmaceuticals (GLMD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Galmed Pharmaceuticals (GLMD) stock. Volume based technical analysis of Galmed Pharmaceuticals (GLMD) stock is negative.

Galmed Pharmaceuticals Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.